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Links to previous press releases are below.

News Oil

India’s crude oil imports fall to eight-month low

India’s crude oil imports declined by 190K b/d m-o-m to 3.89M b/d in June, falling for the second consecutive month to the lowest level since October 2020, the Petroleum Planning and Analysis Cell (PPAC)...

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News Oil

US crude oil stocks fall

US commercial crude oil inventories declined by 4.1M bbls w-o-w and 90.4M bbls y-o-y to 435.6M bbls during the week ending July 23, the US Energy Information Administration (EIA) reports. This is the...

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News Dry Cargo Iron Ore

China Iron Ore Port Stocks Rise

Iron ore stockpiles at 42 monitored Chinese ports climbed by 2.6 Mt to reach 128.9 Mt in the seven days ending 23 July, an 11-week high, data from U-Metal showed.

This compares with 126.3 Mt in the previous week and 113.3 Mt in the corresponding week of 2020.

News Economy

IMF Keeps 2021 Global Growth Forecast Stable, Lifts 2022

In the IMF’s July World Economic Outlook, 2021 global GDP growth was forecast at 6.0%, unchanged from its April report. A downgrade in prospects for emerging market and developing economies was offset...

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News Dry Cargo Coal

Trans-Siberian Coal Loadings Reinstated

Repairs to a section of rail following a bridge collapse on 23 July has led to the reinstatement of coal loadings on the Trans-Siberian Railway as of 27 July, according to reports from IHS.

The...

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News Oil

Indian refinery runs edge higher in June

Indian crude oil refinery throughput rose by 10K b/d m-o-m to 4.5M b/d in June, edging higher after previously tumbling to a seven-month low in May, according to data from the Petroleum Planning and...

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News Dry Cargo Steel

US Steel Imports Rise

The US imported 2.6 Mt of steel in June, the highest monthly volume since January 2020 and up from 2.3 Mt in May and 1.3 Mt in the same month last year, according to data from the US Census Bureau.

In...

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News Dry Cargo Iron Ore

Brazil Weekly Iron Ore Exports

Brazilian iron ore exports reached 24.3 Mt between 1-23 July, up 7.9 Mt from last week, according to official export data.

Brazil exported 34.0 Mt of iron ore in the whole of July last year.